J.P. King Auction – No Show For 2,600 Domains

An auction at the Fairmont on Nob Hill in San Francisco of over 2,600 Internet domain names almost took place on Thursday!

The names that were up for sale Thursday belong to Craig Harrison, an entrepreneur from Fort Collins, Colorado.  Many end in realestatelistings.com, representing states, cities and suburbs in the United States and overseas. Harrison thought the auction would attract upscale buyers, picking San Francisco for its proximity to Silicon Valley, Los Angeles and Seattle. Unfortunately, the event at Fairmont did not go to plan.

“I had to have the courage to keep spending the money,” said Harrison, who remembers sitting at his computer for four days and using three or four credit cards. He spent about $35,000.

Perhaps the names weren’t as valuable as they seemed. “Had we had premium names, like toys.com, there would have been an auction,” J.P. King said as waiters in the Fairmont cleared trays piled with sandwiches from the empty room.

Source: SFGate.